Franklin Biotechnology Discovery Fund Price History

FBTDX Fund  USD 119.17  0.64  0.53%   
Below is the normalized historical share price chart for Franklin Biotechnology Discovery extending back to October 06, 2014. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Franklin Biotechnology stands at 119.17, as last reported on the 24th of April, with the highest price reaching 119.17 and the lowest price hitting 119.17 during the day.
 
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If you're considering investing in Franklin Mutual Fund, it is important to understand the factors that can impact its price. Franklin Biotechnology secures Sharpe Ratio (or Efficiency) of -0.0065, which denotes the fund had a -0.0065% return per unit of standard deviation over the last 3 months. Franklin Biotechnology Discovery exposes twenty-eight different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Franklin Biotechnology's Semi Deviation of 1.25, downside deviation of 1.28, and Mean Deviation of 1.04 to check the risk estimate we provide.
  
Franklin Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0065

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Estimated Market Risk

 1.24
  actual daily
10
90% of assets are more volatile

Expected Return

 -0.01
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.01
  actual daily
0
Most of other assets perform better
Based on monthly moving average Franklin Biotechnology is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Franklin Biotechnology by adding Franklin Biotechnology to a well-diversified portfolio.

Franklin Biotechnology Mutual Fund Price History Chart

There are several ways to analyze Franklin Biotechnology Discovery Fund price data. The simplest method is using a basic Franklin candlestick price chart, which shows Franklin Biotechnology price history and the buying and selling dynamics of a specified period. Many traders also use subjective judgment to their trading calls, avoiding the need to trade based on technical analysis.
Highest PriceMarch 1, 2024135.28
Lowest PriceApril 19, 2024117.3

Franklin Biotechnology April 24, 2024 Mutual Fund Price Synopsis

Various analyses of Franklin Biotechnology's daily price changes, such as its Balance Of Power or Price Action, are crucial when deciding whether to buy, hold, or sell Franklin Mutual Fund. It can be used to describe the percentage change in the price of Franklin Biotechnology from one trading day to the next and could be a valuable metric for traders and investors to gauge the volatility and momentum of Franklin Mutual Fund.
Franklin Biotechnology Price Action Indicator(0.32)
Franklin Biotechnology Price Rate Of Daily Change 0.99 

Franklin Biotechnology April 24, 2024 Mutual Fund Price Analysis

When benchmark price declines in a down market, there may be an uptick in Franklin Biotechnology Discovery Fund price where buyers come in believing the asset is cheap or selling overdone. The opposite is true when the market is bullish. You can use Franklin Biotechnology intraday prices and daily technical indicators to check the level of noise trading in Franklin Biotechnology Discovery Fund and then apply it to test your longer-term investment strategies against Franklin.

Franklin Mutual Fund Price History Data

The price series of Franklin Biotechnology for the period between Thu, Jan 25, 2024 and Wed, Apr 24, 2024 has a statistical range of 17.98 with a coefficient of variation of 3.66. Under current investment horizon, the daily prices are spread out with arithmetic mean of 126.31. The median price for the last 90 days is 126.62. The company completed dividends distribution on 12/16/2019.
OpenHighLowCloseVolume
04/24/2024 119.17  119.17  119.17  119.17  1.00 
04/23/2024 119.81  119.81  119.81  119.81  1.00 
04/22/2024 118.31  118.31  118.31  118.31  1.00 
04/19/2024 117.30  117.30  117.30  117.30  1.00 
04/18/2024 117.86  117.86  117.86  117.86  1.00 
04/17/2024 119.53  119.53  119.53  119.53  1.00 
04/16/2024 120.23  120.23  120.23  120.23  1.00 
04/15/2024 120.44  120.44  120.44  120.44  1.00 
04/12/2024 123.13  123.13  123.13  123.13  1.00 
04/11/2024 126.62  126.62  126.62  126.62  1.00 
04/10/2024 124.78  124.78  124.78  124.78  1.00 
04/09/2024 126.27  126.27  126.27  126.27  1.00 
04/08/2024 125.28  125.28  125.28  125.28  1.00 
04/05/2024 125.11  125.11  125.11  125.11  1.00 
04/04/2024 124.19  124.19  124.19  124.19  1.00 
04/03/2024 125.98  125.98  125.98  125.98  1.00 
04/02/2024 125.90  125.90  125.90  125.90  1.00 
04/01/2024 128.61  128.61  128.61  128.61  1.00 
03/28/2024 129.77  129.77  129.77  129.77  1.00 
03/27/2024 129.42  129.42  129.42  129.42  1.00 
03/26/2024 127.79  127.79  127.79  127.79  1.00 
03/25/2024 127.97  127.97  127.97  127.97  1.00 
03/22/2024 129.27  129.27  129.27  129.27  1.00 
03/21/2024 130.40  130.40  130.40  130.40  1.00 
03/20/2024 129.41  129.41  129.41  129.41  1.00 
03/19/2024 127.97  127.97  127.97  127.97  1.00 
03/18/2024 126.69  126.69  126.69  126.69  1.00 
03/15/2024 128.25  128.25  128.25  128.25  1.00 
03/14/2024 127.83  127.83  127.83  127.83  1.00 
03/13/2024 130.83  130.83  130.83  130.83  1.00 
03/12/2024 129.81  129.81  129.81  129.81  1.00 
03/11/2024 129.62  129.62  129.62  129.62  1.00 
03/08/2024 131.16  131.16  131.16  131.16  1.00 
03/07/2024 132.26  132.26  132.26  132.26  1.00 
03/06/2024 132.88  132.88  132.88  132.88  1.00 
03/05/2024 132.92  132.92  132.92  132.92  1.00 
03/04/2024 133.62  133.62  133.62  133.62  1.00 
03/01/2024 135.28  135.28  135.28  135.28  1.00 
02/29/2024 131.89  131.89  131.89  131.89  1.00 
02/28/2024 133.56  133.56  133.56  133.56  1.00 
02/27/2024 134.75  134.75  134.75  134.75  1.00 
02/26/2024 132.92  132.92  132.92  132.92  1.00 
02/23/2024 131.58  131.58  131.58  131.58  1.00 
02/22/2024 129.96  129.96  129.96  129.96  1.00 
02/21/2024 128.16  128.16  128.16  128.16  1.00 
02/20/2024 128.62  128.62  128.62  128.62  1.00 
02/16/2024 129.80  129.80  129.80  129.80  1.00 
02/15/2024 127.93  127.93  127.93  127.93  1.00 
02/14/2024 125.27  125.27  125.27  125.27  1.00 
02/13/2024 123.81  123.81  123.81  123.81  1.00 
02/12/2024 126.78  126.78  126.78  126.78  1.00 
02/09/2024 125.11  125.11  125.11  125.11  1.00 
02/08/2024 124.01  124.01  124.01  124.01  1.00 
02/07/2024 123.89  123.89  123.89  123.89  1.00 
02/06/2024 125.14  125.14  125.14  125.14  1.00 
02/05/2024 124.24  124.24  124.24  124.24  1.00 
02/02/2024 123.63  123.63  123.63  123.63  1.00 
02/01/2024 125.18  125.18  125.18  125.18  1.00 
01/31/2024 122.19  122.19  122.19  122.19  1.00 
01/30/2024 122.84  122.84  122.84  122.84  1.00 
01/29/2024 123.99  123.99  123.99  123.99  1.00 

About Franklin Biotechnology Mutual Fund history

Franklin Biotechnology investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Franklin is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Franklin Biotechnology will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Franklin Biotechnology stock prices may prove useful in developing a viable investing in Franklin Biotechnology
Under normal market conditions, the fund invests at least 80 percent of its net assets in securities of biotechnology companies and discovery research firms. The fund predominantly invests in equity securities. In addition to its investments in biotechnology companies, the fund may also invest up to 20 percent of its net assets in equity or debt securities of any type of issuer. It is non-diversified.

Franklin Biotechnology Mutual Fund Technical Analysis

Franklin Biotechnology technical mutual fund analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, fund market cycles, or different charting patterns.
A focus of Franklin Biotechnology technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Franklin Biotechnology trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

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Franklin Biotechnology Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Franklin Biotechnology's price direction in advance. Along with the technical and fundamental analysis of Franklin Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Franklin to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Franklin Biotechnology Discovery. Also, note that the market value of any mutual fund could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment.
Note that the Franklin Biotechnology information on this page should be used as a complementary analysis to other Franklin Biotechnology's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Money Managers module to screen money managers from public funds and ETFs managed around the world.
Please note, there is a significant difference between Franklin Biotechnology's value and its price as these two are different measures arrived at by different means. Investors typically determine if Franklin Biotechnology is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Franklin Biotechnology's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.